I have a 1996 Land Rover Discovery SD and after i lift my foot off of accelerator the vehicle jerks once or twice and then runs ok. Any ideas what this could be?

 

How many miles on the truck, does it make a noise will it happen at any speed? How long has it been since the tranny was serviced?

 

I bought this not too long ago. It only has 88k miles. I do not have any records of the previous transmission work. It happens at any speed.

 

I would then suggest you talk with a tranny shop, first see what they say, if you are lucky, you might clear it up with a goos tranny service and a bottle of Lucas tranny additive.
Have you checked the fluid level, how dark and bad does the fluid smell?